Question:

How much is late fee's when you are 2 days late on car payment?

by  |  earlier

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other then it looking bad on credit. What will my late charges be? Im 2 days late. I was suppose to pay Friday. But i wont be able to pay til first thing Monday morning.

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2 ANSWERS


  1. Auto finance is what I do for a living and it should be stated on your contract. It should also be stated on your invoice or payment book coupon.

    As far as your credit is concerned it will not show as a late payment because it will be within the 30-days required for the lender to report it as late.


  2. I think they have a grace period, and you should check with them.  But it probably won't be considered late for approx. 30 days, but they can always noted this in their internal records, but it won't hurt you on your credit bureau.  You should get your payment in asap.  

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